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Rimini Street ( (RMNI) ) has shared an announcement.
On June 4, 2025, Rimini Street, Inc. conducted its 2025 Annual Meeting of Stockholders virtually, with a quorum of 83.3% of the voting power represented. Stockholders voted on three proposals: the election of Robin Murray as a Class II director, a non-binding advisory vote on executive compensation, and the ratification of KPMG LLP as the independent public accounting firm for the fiscal year ending December 31, 2025.
The most recent analyst rating on (RMNI) stock is a Hold with a $3.50 price target. To see the full list of analyst forecasts on Rimini Street stock, see the RMNI Stock Forecast page.
Spark’s Take on RMNI Stock
According to Spark, TipRanks’ AI Analyst, RMNI is a Neutral.
Rimini Street’s overall stock score reflects significant financial challenges, including negative profitability and high debt levels. Technical indicators offer no clear trend, while the valuation suggests potential overvaluation. Although there are some operational improvements and strategic partnerships, the decline in revenue and ongoing Oracle litigation remain substantial concerns.
To see Spark’s full report on RMNI stock, click here.
More about Rimini Street
Rimini Street, Inc. is a Delaware Corporation that operates in the software services industry, primarily providing third-party enterprise software support services. The company focuses on delivering maintenance and support for various software systems, positioning itself as an alternative to traditional vendor support.
Average Trading Volume: 282,253
Technical Sentiment Signal: Buy
Current Market Cap: $296.5M
See more insights into RMNI stock on TipRanks’ Stock Analysis page.